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2472 SE LINCOLN ST

Portland, OR 97214
Square Ft.
4,956
Active
Multifamily
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$2,219,900
Introducing a rare new-construction investment opportunity featuring three modern homes, thoughtfully designed and presented by a multi-year Street of Dreams builder and Builder of the Year award winner by the Home Building Association. This offering delivers contemporary construction, efficient systems, and strong long-term rental appeal in a highly desirable close-in… Read MoreRead Less
Listing courtesy of Keller Williams Realty Portland Premiere.
Listing Snapshot
Days Online
26
Last Updated
Square Ft.
4,956
Lot Size
0.14 Acres
Year Built
2025
MLS Number
166987272
30 Days Snapshot Of 97214
$844k
+28%
(avg) sold price
6
-66%
homes sold
37
+68%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Stories: 3, Building Area Total: 4956, Built in 2025, Storage: None, Unit Type Type: UnitTypeType1, UnitTypeType2
Property Access
Road Surface Type: Paved
Basement
Basement: CrawlSpace
Cooling
Cooling: HeatPump, MiniSplit
Disclosures
Disclosures: Exempt
Expenses
Operating Expense: $39,442
Exterior Features
Exterior Description: CementSiding, LapSiding
Foundation
Foundation Details: Slab
Heating
Heating: MiniSplit
Income
CAP Rate: 4.22, Gross Income: $133,158, Gross Rent Multiplier: 16.67, Net Operating Income: $93,717
Lot
Features: Level, Size Acres: 0.14, Size Dimensions: 60.5x100, Size Range: SqFt5000to6999, Size Square Feet: 6,098, Size: 5,000 to 6,999 SqFt
Miscellaneous
Investor Information: Incomplete
Parking
Features: OnStreet
Property
Number Of Units Total: 3, Property Condition: NewConstruction, Zoning: R5
Roof
Roof: Composition
Security Features
Features: Sidewalk
Sewer
Sewer: PublicSewer
Taxes
Legal Description, Tax Year: 2025
Unit One
Actual Rent: $3,750, Area: 1645, Units Total: 2, 3 total bathrooms, 4 total bedroom
Unit Two
Actual Rent: $3,750, Area: 1666, Units Total: 1, 3 total bathrooms, 4 total bedroom
Utilities
Fuel Description: Electricity, Hot Water Description: Electricity, Tank, Water Source: PublicWater
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Monthly Payment
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Erika George and Kari McGee
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Schools In The Area

Check out nearby schools with ratings and contact info.
Abernethy Elementary School 503-916-6190 Public KG-5
Hosford Middle School 503-916-5640 Public 6-8
Cleveland High School 503-916-5120 Public 9-12
Abernethy Elementary School 503-916-6190 Public KG-5
Abernethy Elementary School 503-916-6190 Public KG-5
Hosford Middle School 503-916-5640 Public 6-8
Cleveland High School 503-916-5120 Public 9-12

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This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.